AI Chip Competition with Victor Peng, President, AMD
On May 30, 2024, the Stanford Graduate School of Business, the Stanford Institute for Economic Policy Research, and the Antitrust ...
President of AMD, Advanced Micro Devices
Search every verified Victor Peng interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Victor Peng, President of AMD, has been a prominent spokesperson for the company's AI strategy, emphasizing a three-word approach: "Open, Proven and Ready." In various appearances in 2023 and 2024, Peng discussed AMD's focus on providing customer choice through open-source software and hardware interoperability, describing the company's approach as building a "bridge over the moat" that competitors had. He highlighted AMD's participation across the full AI stack, from data center GPUs (MI Instinct) and server CPUs (EPYC) to embedded and client devices, and noted the company's work with partners like Microsoft and other cloud providers. Peng stated that AMD's culture of collaboration and listening to customers positions the company to evolve with changing algorithms and use cases. Peng has also discussed the broader AI chip market, explaining that GPUs are purpose-built for training large language models and differ from general-purpose CPUs. He addressed AMD's fabless model, noting the company outsources manufacturing to foundries and works with partners to mitigate geographic concentration risks. In earlier appearances as CEO of Xilinx, Peng described the company's transformation from a device company to a platform company, introducing the adaptive compute acceleration platform (ACAP) architecture. He has spoken about the importance of modular design, such as AMD's chiplet approach, and the need for interoperability across CPUs, GPUs, and software stacks to avoid bottlenecks in AI performance.
“I think what most people think about is GPUs, which are used in the data center primarily when people think about training large language models, foundational models. They are purpose-built for that, so they're different than a chip like a CPU — you can run AI on it, but it would not perform nearly as well as a purpose...”
“We, like most semiconductor companies, have the fabless model — we do the design and we take responsibility for the overall product. However, we outsource the manufacturing to very specialty companies that are called foundries, and we work very closely with our foundry partners.”
“If there's concern around geographic concentration, we do work with them when they have different sites as alternatives — that's the main way we mitigate any concern about a specific location.”
“We do look at the state of the art from other suppliers — we've had an excellent relationship with our current supplier, but if it made sense, we could look at other opportunities and options as well.”
“AMD plays in the data center both in data center GPUs — our MI Instinct products — as well as our server EPYC CPU servers. We have a very strong product in inference and we are quite competitive on training.”
“You need to interoperate with CPUs and GPUs and any one of those could be your bottleneck to the end delivered performance, and also the software that enables that end-to-end performance with AI. What you have to be careful of is blockages in interoperability and the lack of customer choice at different levels of the s...”
“We participate in a lot of the stack by working with partners and an ecosystem, and we also support the open source.”
“The market wants that I mean Daniel and I both advise almost all of your end customers and they want choice and Dan and I are very supportive of competitors exactly yeah.”
“We have deep engagements with our customers they're telling us the problems they're facing whether it's their first-party tools or infrastructure, and we have to be prepared to support all of that, which has pushed us to innovate on the software side.”
“It's about creating choice with the hardware that we have with MI30. We built the bridge over the moat that our competitors had, demonstrating AMD's commitment to open-source software and hardware interoperability.”
“The industry is moving away from optimizing at a very low level because it's moving so fast, and new innovations like ML compilation technology are making high-level frameworks more powerful and productive.”
“There is no one-size-fits-all answer in AI; innovation is happening across models, algorithms, software stacks, and architectures. It's an 'and' function, not an 'or'.”
“Our culture of collaboration, listening to our customers, and working both internally and externally gives us confidence that as algorithms and use cases evolve, AMD will be able to listen, innovate, and solve.”
“The pace of innovation in AI is phenomenal, and there's so much happening in model types, sparsity, and new approaches. The industry is just beginning to tap into this potential.”
“We are in many markets—communications, infrastructure, autonomous vehicles, healthcare, factory automation, and data centers—and few companies can claim such a broad portfolio with both hardware and software solutions.”
On May 30, 2024, the Stanford Graduate School of Business, the Stanford Institute for Economic Policy Research, and the Antitrust ...
On this episode of The Six Five – On The Road, hosts Daniel Newman and Patrick Moorhead welcome Victor Peng, President, ...
On this episode of The Six Five – On The Road, hosts Daniel Newman and Patrick Moorhead welcome Victor Peng, President, ...
Victor Peng talks about how AMD's AI strategy is summed up by three words: Open, Proven and Ready.
Artificial intelligence is the future, and the future is now. IBD spoke with Victor Peng, president of AMD’s adaptive and embedded computing group, to learn more about the chip company's AI initiatives, markets ripe for disruption and where artificial intelligence fits within AMD's priorities for 2023. New to trading? Check out our daily newsletter! https://get.investors.com/marketdiem/ Get more IBD by subscribing to our channel: https://bit.ly/3OqppAs Visit our website: https://www.investors.com Like us on Facebook: / investorsbusinessdaily Follow us on Twitter: / ibdinvestors Fol…
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